A judge has left open the question of whether a line of authority relating to the materiality of information under the continuous disclosure regime could be relevant to a stoush between collapsed engineering firm Forge Group and Clough Group, saying the decisions may apply to cases alleging breaches of the insider trading provisions of the Corporations Act.
A litigant in an estate dispute dropped his lawyers and filed a notice to the court naming Dentons Australia as his new firm of solicitors. Unhappily for him he made two mistakes: filing the notice himself, and apparently failing to tell anyone at Dentons he had hired them.
A judge has ruled that a settlement offer made in a case can be adduced into evidence in a construction company’s suit against its former lawyers, finding that the offer was not covered by without penalty privilege.